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News Link • Transportation

Who Will Win the Electric Car Prize?

• The Daily Bell
 A dispute with other executives over a survival strategy for the struggling start-up led to his departure. A former designer for BMW, Ford and Aston Martin, Fisker created the high-style Karma, a $100,000-plus plug-in luxury car with a backup gasoline engine similar to the powertrain of the Chevrolet Volt. But the company has been beset by problems: It sought investors and infusions of cash to stay afloat. Though the company is based in California, the cars were built by a contract manufacturer in Finland. Only about 2,500 Karmas have been made, and production has been suspended. Talks reportedly have included Chinese auto companies, including Volvo owner Zhejiang Geely. – USAToday

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